The term "originating lender" refers to the financial institution or company that provides the initial loan or financing to a borrower. They are the ones responsible for starting the lending process and approving the loan. Full definition
Indemnification: This proposal extends the indemnification period from two to five years during which the Agency can seek indemnification from originating lenders whose non-compliance with program guidelines and regulations causes the Agency to pay a loss claim. (nar.realtor)
BND purchases qualifying first mortgage loans from an approved originating lender where the property appraisal may not be eligible for sale to standard secondary market sources. (bnd.nd.gov)
Preventing originating lenders from transferring the entire loan within the first five years, or require proceeds from loan sales to be escrowed and released only gradually. (palisadeshudson.com)